Acorn International
Market Cap
US$47.1m
Last Updated
2019/12/11 23:55 UTC
Data Sources
Company Financials
Executive Summary
Acorn International, Inc., an integrated multi-platform marketing company, develops, promotes, and sells products in the People’s Republic of China.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and fair value.
Similar Companies
Share Price & News
How has Acorn International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATV has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.6%
ATV
0.7%
US Online Retail
0.8%
US Market
1 Year Return
-31.7%
ATV
14.6%
US Online Retail
17.8%
US Market
Return vs Industry: ATV underperformed the US Online Retail industry which returned 14.6% over the past year.
Return vs Market: ATV underperformed the US Market which returned 17.8% over the past year.
Shareholder returns
| ATV | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 0.7% | 0.8% |
| 30 Day | 2.0% | 2.3% | 1.8% |
| 90 Day | 1.1% | 0.4% | 4.1% |
| 1 Year | -26.8%-31.7% | 14.7%14.6% | 20.4%17.8% |
| 3 Year | 487.2%180.8% | 102.9%102.6% | 45.9%36.4% |
| 5 Year | 262.4%73.3% | 171.9%160.1% | 68.1%49.6% |
Price Volatility Vs. Market
How volatile is Acorn International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Why Acorn International, Inc. (NYSE:ATV) Is A Top Dividend Stock2 months ago | Simply Wall St
Do Institutions Own Acorn International, Inc. (NYSE:ATV) Shares?5 months ago | Simply Wall St
These Factors Make Acorn International, Inc. (NYSE:ATV) An Interesting InvestmentValuation
Is Acorn International undervalued compared to its fair value and its price relative to the market?
1.48x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ATV ($18.25) is trading above our estimate of fair value ($9.16)
Significantly Below Fair Value: ATV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ATV is good value based on its PE Ratio (1.5x) compared to the Online Retail industry average (31x).
PE vs Market: ATV is good value based on its PE Ratio (1.5x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ATV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ATV is good value based on its PB Ratio (0.7x) compared to the US Online Retail industry average (2.5x).
Next Steps
Future Growth
How is Acorn International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.5%
Forecasted Retail industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Acorn International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Acorn International is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Acorn International competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
Past Performance
How has Acorn International performed over the past 5 years?
71.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATV has a high level of non-cash earnings.
Growing Profit Margin: ATV's current net profit margins (35.4%) are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: ATV has become profitable over the past 5 years, growing earnings by 71.4% per year.
Accelerating Growth: ATV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ATV had negative earnings growth (-66.6%) over the past year, making it difficult to compare to the Online Retail industry average (8.2%).
Return on Equity
High ROE: ATV's Return on Equity (16.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Acorn International's financial position?
Financial Position Analysis
Short Term Liabilities: ATV's short term assets ($30.8M) exceed its short term liabilities ($12.4M).
Long Term Liabilities: ATV's short term assets ($30.8M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: ATV is debt free.
Reducing Debt: ATV has no debt compared to 5 years ago when its debt to equity ratio was 7.5%.
Debt Coverage: ATV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ATV has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: ATV has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if ATV's debt is covered by short term assets.
Next Steps
Dividend
What is Acorn International's current dividend yield, its reliability and sustainability?
5.48%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ATV's dividend (5.48%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: ATV's dividend (5.48%) is in the top 25% of dividend payers in the US market (3.72%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ATV has been paying a dividend for less than 10 years.
Growing Dividend: ATV has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (12.2%), ATV's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Acorn International's salary, the management and board of directors tenure and is there insider trading?
1.5yrs
Average management tenure
CEO
Jake Fisch (42yo)
2.1yrs
Tenure
Mr. Jacob A. Fisch, also known as Jake, has been the President of Acorn International, Inc. since 2014 and has been its Chief Executive Officer since November 3, 2017. Mr. Fisch serves as a Partner at NEST ...
Management Age and Tenure
1.5yrs
Average Tenure
41.5yo
Average Age
Experienced Management: ATV's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Age and Tenure
2.3yrs
Average Tenure
57yo
Average Age
Experienced Board: ATV's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Robert Roche (56yo)
Co-Founder & Executive Chairman
- Tenure: 4.6yrs
Jake Fisch (42yo)
President & CEO
- Tenure: 2.1yrs
Jan Jie Lu (41yo)
Vice President of Business Operations
- Tenure: 3.7yrs
Bethy Wu (53yo)
Vice President of Human Resources
- Tenure: 1.5yrs
Martin Key (39yo)
Chief Financial Officer
- Tenure: 1.3yrs
Aspen Bai
Financial Controller
- Tenure: 1.3yrs
Lei Li (38yo)
General Counsel
- Tenure: 1.4yrs
Board Members
Pierre Cohade (57yo)
Lead Director
- Tenure: 2.3yrs
Jenny Wang (63yo)
Independent Director
- Tenure: 2.3yrs
Robert Roche (56yo)
Co-Founder & Executive Chairman
- Tenure: 4.6yrs
Eric Wu (47yo)
Independent Director
- Tenure: 3.3yrs
Urs P. Zimmerman (57yo)
Independent Director
- Tenure: 1.9yrs
Company Information
Acorn International, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Acorn International, Inc.
- Ticker: ATV
- Exchange: NYSE
- Founded: 1998
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: US$47.103m
- Shares outstanding: 2.58m
- Website: https://www.acorninternationalgroup.com
Number of Employees
Location
- Acorn International, Inc.
- YueShang Plaza
- 5th Floor
- Shanghai
- 200042
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ATV | NYSE (New York Stock Exchange) | Yes | SPON ADR EA REP 20 ORD SHS | US | USD | May 2007 |
| FEMA | DB (Deutsche Boerse AG) | Yes | SPON ADR EA REP 20 ORD SHS | DE | EUR | May 2007 |
Biography
Acorn International, Inc., an integrated multi-platform marketing company, develops, promotes, and sells products in the People’s Republic of China. It operates through two segments, Direct Sales and Distr ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/11 23:55 |
| End of Day Share Price | 2019/12/11 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.